Leontief's Input-Output Dynamic Model with a Partially Productive Matrix (Productivity Conditions)
17 Pages Posted: 25 Aug 2017
Date Written: 1994
The paper deals with the problem of productivity of a discrete version of Leontief's input-output dynamic model with "delaying" investment with respect to the increments of the output. A concept of the partially productive matrix is introduced with due regard to the properties of which productivity conditions are derived. Economic interpretations of these conditions are given.
Keywords: Leontief's Input-Output Dynamic Model, Partially Productive Matrix, Productivity Conditions
JEL Classification: C67
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